DislikedTouch Trade entered at 1.5550 for reasons:
1. Two preceeding BEOVB
2. Round Number
3. 150 EMA just above
4. Daily - Last two bars had double low with lower close. Third bar expected to go down.
5. 4 hour declining trend line
6. Overall bearish trend
7. PA suggested BEOVB-weekly to break due to 4H BEOVB
8. SL was just above the 4H BEOVB so risk/reward was pretty good.
The trade went to BRN 1.54
Initially my Target was 1.5410 but then I moved it to 1.5250 in anticipation of BEOVB-Weekly to break. Placed my stop loss at 1.5510
It did break the...Ignored
Need some help with this post..
What do you think should I remove from my chart to make it more simple, and what should I add if anything, what about my thought process for getting into the trade?
btw, now that i'm reading this thread the training by Steven Nisson is making sense FINALLY... i never understood it until j16 thread thought me stuff step-by-step like a baby lol